You have to fight for your money
👉 You have to fight for your money 👈 #investors
I wish it wasn’t the case. But when it comes to being taken for a ride by an evasive property developer, it’s not going to work for you to keep taking their excuses ⛔️💰
😡 They’ll continue moving the date
😡 You’ll be last on the list of priorities
😡 They’ll find the money for those people who cause the most noise 🗣
I’m talking about this because for so many lovely investors I know, the idea of ‘fighting’ anyone or having to ‘get tough’ with someone is at best unnatural, and at worst just loathsome 😞
I’ve just seen it SO many times.
The nice ones finish last and end up absorbing all that stress for longer.
I really empathise 😞 and I've been through it.
Nothing about this is ok.
And I’m NOT saying you have to change who you are to play harder.
You’re going to need a strategy which at its core says, ‘Pay me back - now - and I’m not taking any sh*t.’
So what’s the strategy?
💪 Go early, go legal. Don’t wait until it’s 12 months overdue to put your foot down. If it’s too late for that, see point 2 👇
👉 Be ready to keep at it until you see results and your money back. They’re not going to be able to avoid this forever.
👌 Talk to someone who’s been through it. We had a great discussion on Sunday Special with Jay Howard, Piotr Rusinek and Adam Lawrence about this exact scenario.
💫 I’m of course not talking about ALL developers by any means. Just THE PLAYERS 💫
Final note: this is obviously a broad approach to cover most situations, and a lot can depend on the deal itself and what’s already been said/done.
Rewatch The Sunday Special for tips and loads of support. YOU’RE NOT ALONE!